On the other hand, you might find a common reason that a few of your potential investors are not investing that might change your own thoughts on the deal.

The cost associated with insurance for not having 20% is peanuts compared to what you potentially can do leveraging your down payment. 

I’ll see how the numbers work with very little off season occupancy and see what the mid term rental potential is during these months.

Don’t be one of them.There were different ways that potential buyers wasted my time.

Depending on what the potential jobs offer in terms of income, does this seem like a realistic strategy?

When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.

I'm trying to Figure out how to make this potential deal work.Seller wants to sell but not right away because they still use the house for some income. 

Therefore, I prioritize pre-screening applicants to ensure they meet the qualifications before arranging a showing. 

We have specific and unyielding criteria for this, which we provide to all potential borrowers in advance.

The impact of not having F/f financing is large (>10%) if the appraiser recognizes this potential issue.